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deficit with nine games to go. they did much, by sweeping the rangers. san francisco giant, won two years ago. >> they will host the cincinnati reds saturday and sunday at at&t park for the best of five series. and the team will move to game three and game four if necessary. if there's a game five, team would come back to at&t park. >>> these photos came in the afternoon, showing younger aged fans and their moms much the kids are able to say, baseball history. send the photos and the dramatic win. e-mail at photos at ktvu.com. post them directly and we may post some of their photos during the broadcast. >>> there's an officer-involved shooting. news chopper 2 flew over the cal train. what we've been told, the san mateo transit officer fired his weapon while the train was in san jose. we've been told one person was wounded and we do not know that person's condition. >>> a mistrial was declared in the federal cocaine fraud trial of the former crime lab technician. according to the juror, debra madden took cocaine fro
deficit with nine games to go. they did much, by sweeping the rangers. san francisco giant, won two years ago. >> they will host the cincinnati reds saturday and sunday at at&t park for the best of five series. and the team will move to game three and game four if necessary. if there's a game five, team would come back to at&t park. >>> these photos came in the afternoon, showing younger aged fans and their moms much the kids are able to say, baseball history. send the...
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we have trillion-dollar deficits. the cbo says we will have a trillion-dollar deficit the next four years. have you said before you would cut the deficit in half. i love this idea of $4 trillion in cuts, ways to reduce or get closer to a balanced budget, but we show trillion life dollar deficits every year. that doesn't get the job done. >> that was the sound bite, talking about what the president has done with the debt. you saw the exchange between the two men on that. welcome back to the university of denver. behind me in the hall, on the debate floor, the people are milling about. now the action is over with bret in spin alley. but first, we want to go to chris wallace, who is in wash wawash with his own take on how the night went. chris? >> reporter: hey. you know, i have been thinking and trying to put it in historical context, what tonight reminded me of more than any other debate, the first kerry/bush debate, where john kerry took the battle to george bush. and bush, the president, seemed very uneasy, didn't se
we have trillion-dollar deficits. the cbo says we will have a trillion-dollar deficit the next four years. have you said before you would cut the deficit in half. i love this idea of $4 trillion in cuts, ways to reduce or get closer to a balanced budget, but we show trillion life dollar deficits every year. that doesn't get the job done. >> that was the sound bite, talking about what the president has done with the debt. you saw the exchange between the two men on that. welcome back to...
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about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank it's called, has not helped enterprise get going, it's slowed it down. >> now seems to be a supporter of wall street regulation. >> want to repeal dodd/frank? >> and replace it. we're not going to get rid of regulation. some parts of dodd/frank that make all of the sense in the world. >> and back in june, romney mocked the president's crazy ideas a
about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18...
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no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason is because i believe that we do best when the middle- class is doing well. by giving them those tax cuts, they have more money in their pocket. maybe it does not buy new car. they are in a better position to weather the extraordinary recession we went through. they may be able to buy new computer for their kid who is going off to college. governor romney's proposal that he has been promoting for 18 months calls for of five trillion dollars tax cut on top of $2 trillion of additional spending for our military. he is saying he is going to p
no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason...
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that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee under which she could not go. that's the perspective i bring when i talk about what's called entitlements. the name implies some sort of dependency on the part of folk. these are folks that have worked hard, like my grandmother and millions are counting on this. my approach is to say how do we strengthen the system over the long term? in medicare, what we did, we said we are going to have to bring down the costs if we are going to deal with long-term deficits. to
that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked...
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you said you would cut the deficit in half. we still have trillion dollar deficits. each of the next four years. if you are reelected, we'll get to a trillion dollar debt. >> if we are asking for no revenue, we have to get rid of a whole bunch of stuff and the magnitude of tax cuts would end up resulting in severe hardship for people. more importantly, would not help us grow. >> george ray ray reynalds. what was being missed here? >> sounds good. we've heard it before and it hasn't been happening. that's really it in a nutshell. a lot of good ideas. i really would pick and choose. romney has the means for cutting expenses. that's a good idea. although they both seemed a little unclear at times as to what the difference was between the deficit and the debt. we got the tax part of the equation. obama sited earlier when he was talking about jobs, couldn't financial situation when clinton was president. but they didn't mention that bill clinton wasn't fighting two wars at the time. >> really quickly in one word, i want to give you the idea, who do you think came out on t
you said you would cut the deficit in half. we still have trillion dollar deficits. each of the next four years. if you are reelected, we'll get to a trillion dollar debt. >> if we are asking for no revenue, we have to get rid of a whole bunch of stuff and the magnitude of tax cuts would end up resulting in severe hardship for people. more importantly, would not help us grow. >> george ray ray reynalds. what was being missed here? >> sounds good. we've heard it before and it...
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no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600 and the reason is because i believe that we do best when the middle class is doing well and by giving them those tax cuts they had a little more money in their pocket, so maybe they can buy a new car, they are certainly in a better position to weather the extraordinary recession we were in to. they are spending more money. businesses have more customers, make more profits, and hire more workers. now governor romney's proposal calls for a $5 trillion tax cut on top of $2 trillion of additional spending
no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes...
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you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you said it in 2010, you said, i am going to extend the tax policies i have. i am not going to raise taxes because when the economy's slow and we are in recession, you shouldn't raise taxes on anyone. the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you
you said you would cut the deficit in half. we have trillion-dollar deficits. cbo says we will have a trillion-dollar deficit each of the four years. you have said before, you would cut the deficit in half. i love this idea of $4 trillion in cuts and ways to reduce or get closer to a balanced budget, but we show trillion-dollar deficits every year that. doesn't get the job done. let me say, why is it that i don't want to raise taxes? why don't i want to raise taxes on people? and actually, you...
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you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for them? >> they are backing away from the edge. there is no question that this was a make or break moment for governor romney. if he had not shown up like he did in denver, you would have seen a really ugly scene here. a lot of folks in his party would have backed away from him. this puts him back in the game, it restores confidence among other people running for the house and senate this year who are now happy to be seen with him. it gives them a real boost when they desperately need it. he still has problems and a lot of swing states. this puts them
you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big bold idea is, never mind. >> if there is any good news for the president after the debate is that the unemployment rate dropped below 8% from 8.1%, to 7.8%, the lowest since he took office. jonathan martin was on the ground for the debate in denver. you say romney took the debate stage with the top republican verging on panic. did this turnaround for...
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what i've said is i won't put in place a tax cut that adds to the deficit. >> for 18 months he's been running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made the case that he would be better at creating jobs, the president questioned how the former governor would control the financial sector. >> does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? >> look, we have to have regulation of wall street. that's why i'd have regulation. but i wouldn't designate five banks as too big to fail and give them a blank check. this is the biggest kiss that's been given to new york banks i've ever seen. >> reporter: on to health care. romney returned to his recurring theme, calling obamacare a job killer. >> i ju
what i've said is i won't put in place a tax cut that adds to the deficit. >> for 18 months he's been running on this tax plan. now, five weeks before the election, he's saying that his big bold idea is never mind. >> my priority is jobs. there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> reporter: while romney made...
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trillion dollar deficits for the last four years. he's put in as much debt held by the public as all prior presidents combined. gerri: those are killer numbers. we leek at the number -- look at the numbers every day, the amount of people make, about the same, we can't pay this off. that was particularly -- >> well, it's an effective attack line. the problem is what mitt romney has to explain how you cut taxes, try to reign in spending, promote growth in some abstract way, and pay off the debt and the deficit. it's difficult to do. i don't think mitt romney had much in the way of specificity other than to steve's appointment, backing away from the $5 trillion tax cut the president said he's proposed. i think there's a lot of unanswered questions still for governor romney. gerri: steven, do you believe that? the $5 trillion issue, you know, the president says every single day on the campaign trail that mitt romney will raise taxes on the middle class. was that sufficiently answered? >> i think it was. i thought that was the weakest poi
trillion dollar deficits for the last four years. he's put in as much debt held by the public as all prior presidents combined. gerri: those are killer numbers. we leek at the number -- look at the numbers every day, the amount of people make, about the same, we can't pay this off. that was particularly -- >> well, it's an effective attack line. the problem is what mitt romney has to explain how you cut taxes, try to reign in spending, promote growth in some abstract way, and pay off the...
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>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here on fox news. >> we cannot afford four more years like the last four years we have seen under this president. his own vice president said the middle class has been buried under his policies. what we need is governor romney could come in and deliver a real recovery for the american people. >>shepard: romney campaign trying to capitalize on the remarks about the struggling of the middle class, a theme to be repeated, likely, over and over tonight. now, carl cameron live at the debate spin room. how will the governor romney hammer those comments of the vice president? >>carl: depends how the d
>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here...
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in half, we still have trillion dollars deficits, a we will be have a trillion-dollar deficit each of the four years if you are reelected we will get to a $20 trillion debt. >> rose: it will be seen if romney can keep up the momentum. we begin this evening with analysis of chris matthews of msnbc, welcome. >> thank you, charlie. >> rose: as you watched the debate last night, what was your reaction to what you were seeing, b, why do you think it was that way, and, c, where are we going from here? >> well, i think governor romney knew it would be a wide open format and he came in to take charge. he was a commanding presence and i feel for the president because i don't think anyone has ever had to go up against a person who just sort of took the stage as if it didn't need anyone on the stage, including the monitor and once that began, i don't know whether he could change that environment what i was frustrated is failure to use the synapse to pop out and sitting here talking you and ji jim lehr about the pbs funding which is okay and cute and fun to talk about, how about the auto industry
in half, we still have trillion dollars deficits, a we will be have a trillion-dollar deficit each of the four years if you are reelected we will get to a $20 trillion debt. >> rose: it will be seen if romney can keep up the momentum. we begin this evening with analysis of chris matthews of msnbc, welcome. >> thank you, charlie. >> rose: as you watched the debate last night, what was your reaction to what you were seeing, b, why do you think it was that way, and, c, where are...
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no tax cut that adds to the deficit. but i do want to increase the dividend being paid to middle income americans, so i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think, let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families. and that's exactly what i did. we cut taxes for middle class families by about $3,600. and the reason is, because i believe that we do best when the middle class is doing well. and by giving them those tax cuts, they have a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession that we've went through. they can buy a computer for their kid, who's going off to college. which means they're spending more money, businesses have more customers, businesses make more profits, and then hire more workers. now, govern
no tax cut that adds to the deficit. but i do want to increase the dividend being paid to middle income americans, so i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think, let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families. and that's exactly what i did. we cut taxes for middle...
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social security hasn't contributed one nickel to the deficit, can pay out benefits for the next 20 years. the president should be saying now what he said four years ago. he is not going to cut social security while romney and ryan certainly are. >> would you blame the president himself or his aides and advisers who were supposedly preparing him for this first debate? >> wolf, all of us in public life like to blame our staff when things go bad, but you know what, at the end of the day, it's the president, it's a united states senator, it's a congress person. we've got to take responsibility. the president should have got in there swinging, differentiating what a progressive policy position is as opposed to an extreme right wing one. put romney on the defensive. how dire you give tax breaks to the richest people in this country while we have the most unfair distribution of wealth and income. how dare you throw children off of medicaid when we've got 50 million people without any health insurance today. put him on the defensive instead of saying oh, i agree with you on this. i agree with yo
social security hasn't contributed one nickel to the deficit, can pay out benefits for the next 20 years. the president should be saying now what he said four years ago. he is not going to cut social security while romney and ryan certainly are. >> would you blame the president himself or his aides and advisers who were supposedly preparing him for this first debate? >> wolf, all of us in public life like to blame our staff when things go bad, but you know what, at the end of the...
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never mind my promise that i'm going to cut taxes and i'm going to also balance the deficit, but i'm not going to tell you about the loopholes i'm going to close or the deductions. so just trust me. you know, come on. >> that would be -- if that was an effective message, then president obama would have done a lot better last night. that is the line that the obama team has been trotting out for several months and then it didn't match up with reality and if you do just a little digging, you find out that wasn't true. i think the romney team immediately, because they've been calling him a liar so much, then america sees him, he doesn't seem like he's lying to me. and to obama's credit, he did not do what his campaign has done, he did not personally attack which shows a disconnect between obama and his team. >> you think he looked presidential? >> yes. >> romney? >> no. >> romney looked way more presidential. >> obama looked like he wanted to have a serious debate. he wasn't interrupting jim lehrer. >> my favorite actually, too. but i took a second look. >> we had the same one. this is w
never mind my promise that i'm going to cut taxes and i'm going to also balance the deficit, but i'm not going to tell you about the loopholes i'm going to close or the deductions. so just trust me. you know, come on. >> that would be -- if that was an effective message, then president obama would have done a lot better last night. that is the line that the obama team has been trotting out for several months and then it didn't match up with reality and if you do just a little digging, you...
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isn't aa recipe for job growwh romney: you've been ppesideet fo ffur years, with a trillion dollar deficit, if you get relected we're going into four 3 romney and he president continued to spar as lehrer moved them onto health care. the fight for the hearts anddminds of vooers in many households tonight.. was a fight for thh t-v remote. keith daniels, streaming liie in owingssmills t a politics.. and a viewing oo - party for tonight's presidential debates. keith. keith..- 3 jennifer..... we're ive at the bbffalo wild wingg on reisterstoww roadd..... the patch, an oo-line website specializing in local news.... possed tonight'ssevent. editors call it a bi-partisan party.. that allowee viewers to watch and discussstonnght's first ppesidential debate. pebate. 3 &pad-lib a lot of people were ttlkiigg about the debate on the internet tonight... tonight...patty wrrte bout the preeident...""idn't vote for him beforr and surelyywill nottthis time." time."...buu fushicho says... "obama kept his promise tooget bin llden. i think e deserves another 4 yrs." a speech from ácandidateá obama... delivere
isn't aa recipe for job growwh romney: you've been ppesideet fo ffur years, with a trillion dollar deficit, if you get relected we're going into four 3 romney and he president continued to spar as lehrer moved them onto health care. the fight for the hearts anddminds of vooers in many households tonight.. was a fight for thh t-v remote. keith daniels, streaming liie in owingssmills t a politics.. and a viewing oo - party for tonight's presidential debates. keith. keith..- 3 jennifer..... we're...
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in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama was running for presidency. that is when i was interested in politics. i began setting it and realized i disagreed a lot with what he was saying. that is when i started paying attention to it. >> what you're are you in school right now? >> i'm currently a junior. -- what year are you in in school or not? >> i am currently a junior. >> what about after college? >> i am not entirely sure right now. >> where will you be watching? >> i will probably be with the rest of my fellow classmates. >> what will you be looking for? >> iowa looking to see how each candidate differs
in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama...
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you said you'd cut the deficit in half, it's four years later, we still have trillion dollar deficits. we'll have it each of the next four years. if you are re-elected, we'll get to a trillion dollar debt. you have said before you'd cut the deficit in half. and i love this idea of $4 trillion in cuts. you found $4 trillion ways to get closer to a balanced budget yet we show trillion dollar deficits every year. that doesn't get the job done. let me come back and say, why is it that i don't want to raise taxes, why do i want to raise taxes on people? and actually, you said it, back in 2010, you said, look, i'm going to extend the tax policies that we have. i'm not going to raise taxes on anyone, because xhen twhen we'r recession, you shouldn't raise taxes on anyone. well, the economy is still going slow. as a matter of fact, it's growing much more slowly now than when you made that statement. and so, if you believe the same thing, you just don't want to raise taxes on people, and the reality is, it's not just wealthy people, you mentioned donald trump. it's not just donald trump. it's a
you said you'd cut the deficit in half, it's four years later, we still have trillion dollar deficits. we'll have it each of the next four years. if you are re-elected, we'll get to a trillion dollar debt. you have said before you'd cut the deficit in half. and i love this idea of $4 trillion in cuts. you found $4 trillion ways to get closer to a balanced budget yet we show trillion dollar deficits every year. that doesn't get the job done. let me come back and say, why is it that i don't want...
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we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave afghanistan? you don't think that the country is better off than we were four years ago as a whole, collectively? >> since you brought up the foreign situation, i think we are in a much worse position because the president withdrew from iraq and afghanistan without benchmarks that would be required to keep those countries stable when we leave. that's why we are seeing our people being shot by insiders in afghanistan. why things are breaking up in iraq. i don't think the world is safer because of what president obama has done. i think his foreign policy is very -- >> do you think we need to pull out of
we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave...
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it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough money to pay the bills because the insurance companies say that they've hit the limit. so we did work on this, alongside working on jobs, because this is part of making sure that middle-class families are secure in the country. let me tell exactly what obamacare did. it number one, if you've got health insurance, it doesn't mean the government takeover. you keep your own insurance, your own doctor. but it does say insurance companies cannot church where brown. they cannot impose arbitrary lifetime limits. they have to let you keep your kid on their insurance -- your insurance plan until you're 2
it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough...